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Investment Highlights

  • Lower property taxes
  • No Austin Zoning laws apply
  • Situated in Austin’s 2-mile ETJ
  • Level lot in the Hill Country

Executive Summary

RARE 2 adjacent lots available in Cuernavaca!! The adjacent improved 0.3535-acre lot has a house with an ADU (casita) and is available FOR SALE (separately or together with this lot). This lot is located in the highly desirable Cuernavaca neighborhood within Eanes ISD, the lot offers a rare blend of privacy, natural beauty, and investment potential. Situated in Austin’s 2-mile ETJ, the property benefits from lower property taxes (1.49%) and fewer building restrictions. Just a short walk to Lake Austin and minutes from Commons Ford Park, the lot is ideally located—20 minutes to Downtown Austin, 15 mins to the Hill Country Galleria, and 20 mins to Barton Creek Square Mall. Enjoy peaceful days, starry skies at night, and access to a voluntary HOA park with private lake access and a lakefront community pool when you build your dream home on this lot!

Property Facts

Price $500,000
Sale Type Investment
Sale Condition Build to Suit
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Hold For Development
  • Hold For Investment
  • Planned Unit Development
  • Single Family Residence
Total Lot Size 0.35 AC
Zoning ETJ - Extra Terrestrial Jurisdication— Austin 2-mile ETJ

1 Lot Available

Lot 4

Price $500,000
Price Per AC $1,428,571.43
Lot Size 0.35 AC
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
  • Listing ID: 40388793

  • Date on Market: 5/4/2026

  • Last Updated:

  • Address: 2702 Palomino Dr, Austin, TX 78733

Contact the Sale Advisor

2702 Palomino Dr

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